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minutes from now. until then a look at comments by u.s. army chief of staff general ray odierno. he said friday the greatest threat facing our nation is fiscal uncertainty and potential budget shortfalls. >> good morning, everyone. i'm mike owe hand lan and on behalf of peter singer and everyone else here at bookings, for the 21st century hearing on intelligence. we're welcome to have general ray odierno to speak in what could not be a more important week for american defense policy making. you're aware of budget challenges of the process and how these can affect our men and women in uniform and future military planning and current operations. no one could be a more distinguished and thoughtful person who discuss these matters than general odierno who i have great honor to know a dozen years now. he has been a friend of brookings and the a friend of the broader defense community and he has been a distinguished servant in our nation's military and our nation's defense throughout that period. he took the fourth infantry division to iraq and presided over its operations, directed its operat
the markets, trading mixed in a narrow range. u.s. airways, we have turbulence there. it is down about 8% and change. this, as the rumor becomes the news. u.s. airways merging with asr, parent of american airlines, the deal that creates the world's largest character. sketchers off to the races, shares are skyrocketing here, a nice move of 12%, the maker of mens and women's footware with whether or not blowout numbers, and we got the shoes, yeah, thanks to strong demand, up believable demand for shoes in retail stores, wholesale business, women's, domestic, everything looking good. what's getting the american consumer on board with sketchers? coming up, on the run with sketcher's ceo, a fox business exclusive. let's get to that match made in hog heaven as in food hfn. 3g capital buying ketchup maker, heinz. yes, you heard it correctly, heinz. the transaction valued at $28 billion, the largest ever for the food industry. taking a look at what it is, $72.50 a share. that's a 20% premium, and, you know, actually, initially, you have the stock above that, and now it is slightly below it so ma
by e-mail, it is completely wrong. the u.s. postal service is not the victim of e-mail and text messages. it is the victim of alec and the koch brothers. why, you ask? quite simple, really. the usps is the number one employer of unionized labor in the united states and provides an affordable universal service that a private company could and would charge us all much, much more for. two huge no-nos for the right wing. the reason the right wing crafted the legislation to destroy the postal service. we're joined now by nationally and internationally syndicated radio host the brilliant thom hartmann who wrote an incredible piece about this very subject for truth out.org called the usps media hashtag fail. >> great to be with you. >> john: please complain what the postal accountability enhancement act is and what its effects have been. >> well, you know, there were some reasonable and some good changes in that act which is -- as far as i can tell, how it got out of the house government oversight committee henry waxman and other democrats basically signing of on it. it was passed by a
. in the u.s. military, military, those who wear the uniform, will be protected in the sequester, and they should. there are others that need to be protected. what is the impact of them? and also the future of the country, the ability to -- the middle class. this is where secretary donovan, we want to talk to about housing and the economy. what is it that we need to do? you hold the future of america in your hands. we went to innovate, but first we have to outeducate. we want to hear about the impacts of sequester for educational reform. i believe we will run to view with destiny. we must solve this problem. i do not think the american people quite understand the impacts were sequester mandates and $85 billion cut that is equally shared by defense and by domestics. you are a national security secretary napolitano. layoffs and services not delivered to the american people -- i have to cope with my members here on the issue of the fiscal cliff. also, the issues of implementing homeland security. we want to talk about the impact on these agencies. what about the fbi? what about the
police officers murdered -- injured, i should say, wolf. now back to you. >> he was a u.s. navy reserve lieutenant and we are told in the navy he was rated as a rifle marksman and pistol expert, according to his navy records. he was fired by the police department of los angeles four years ago. do we know what triggered four years later this rampage? >> reporter: well, he he brought up charges against an officer saying that this officer kicked a homeless man. it was determined later, according to police reports, that these charges were false by dorner. after a while, he was subsequently fired and he refers to that time and time again in his manifesto as the reason that he would wage a vendetta against officers, wolf. >> do we know what he's been doing for the last four years since he was fired from the lapd? >> reporter: unclear from this side in riverside. >> paul vercammen. thank you. we're going to stay on top of this story during our 6:00 p.m. hour. we're going to speak with chief police moose who was linked to the d.c. sniper. >>> let's move to today's dramatic confrontation up on c
on sunday as retaliation for his firing. secondly, a u.s. marshal said in his affidavit, a member of the southwest border patrol. told the magistrate that he believes dorner is in mexico, and based in part a man looking like dorner, tied up the boat captain in san diego and attempting to take his 41 to 47 foot vessel and told the guy he was taking it to mexico to recover his boat that was last thursday and what was dorner doing up in big bear, up in the mountains far away? well, turns out, the marshall service had been tracking an associate of dorner he is jy, who had a relative who had property, a cabin up in big bear and was found about four hours later down in costa mesa, what that means, basically, four hours after his burning truck was found. that could be speculating here, his ride off that mountain after burning his vehicle. and so, where does that leave us? and finally, tmz is reporting tonight that they have obtained surveillance video from a scuba shop here in southern california of dorner, a man looking just like him, with two scuba tanks and scuba gear, purchasing that
cancelled across the country, and here at the three major airports in new jersey and new york, many of the u.s. airlines decided to cut off departures by 5:00 tomorrow and not to resume until after noon tomorrow, and if we did go inside earlier today and there are no lines. there are no lines for checkin there are no lines for security, and the reason is, when we check the board, the monitors for departures and arrives, everything was cancelled. most everything was cancelled. we found some people waiting in here. one guy from france said his flight was cancelled. tonight he has to wait until tomorrow to get a flight and doesn't know what he is going do he has to try to get a hotel to, otherwise he is staying here. we did find some people that had a flight at 6:30. their airline called them and changed the flight to earlier. so they were supposed to get oust here at 5:00 so they're hoping they wail be able to do that before at the brunt of the storm hits, get out of here and get to their destination safely. but it is just a ghost town here. it appears that a lot of the airlines did call people
u.s. military about to face deep budget cuts. what can help stop the pain? a former military officer who spent years working with pentagon tax dollars has a bold answer for sequestitration and a message from washington. what was the light in the sky broof san francisco. reports from witnesses and a video backing up the claims. a mysterous flying object and this time in u.s. air space and coming just hours after a metor exploding thousands of miles away and rattling buildings and people below . fox reports from inside russia on the cosmic clean up following a direct hit from outer space . a new warning over the defense budget showdown this time from the army's top brass. in my opinion sequestation is not in the best interest of the national security. it places a burden on the soldiers and civilians and plus, questions tonight about whether washington is playing politics with the troops and what deep cuts would mean for our military. and a police cruiser there one moment and gone the next after a car slams into it somewhere caught in all of that blur, a little boy. >> i am harris faulk
to the u.s. and then of course more to it than that the group of 7 ministers are now worried about currency fluctuations. that put the dollar up. putting the dollar up makes gold more expensive in many currencies. cheryl: but that wouldn't explain really the kind of longer story here of gold. i don't know, felt so safe in gold for all those years, maybe i'm looking at stocks. >> well, the stocks were up a lot. and this up in the stocks was a headwind for gold for asset allocaters who need to buy something that's always performing. and gold wasn't performing because it's misunderstood. people who buy gold are buying to preserve purchasing power, and they are worried about inflation. now, we've had low interest rates, anti-inflationary. we've had a good stock market, which also is a headwind for gold. and then all of a sudden, if you realize that the values of currencies have made gold more expensive, especially in those countries like india, japan, which is on holiday, china of course. cheryl: again, gold today, losing more than $17. is that because of the -- >> it's about 1%. cheryl: is tha
, denying the reports. and countering it was the victim of u.s. hacking. >>> and the bulls are back from a three-day weekend. can the s&p 500 post an eighth straight week of gains? we've got four days to find out. it's tuesday, february 19th, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin who is back from vacation. let's get started with the markets. as joe mentioned, the s&p winning streak has been a strong one. in the meantime, the dow is coming off a second straight weekly loss. although, really, if you looked at this last week, it was the ever so slightest of losses. u.s. equity futures are indicated higher. dow up by 21 points. s&p is up by two points above value fair and the nasdaq is up about 3. in 20 minutes, we'll turn to predictions on where the markets go from here. then in the next hour, delivering alpo. we'll talk to the manager of a $11.5 billion hedge fund. this fund was up 30% last year. don't miss pine river's ceo brian taylor. on our radar this morning,
carrying more than 4000 people in the gulf of mexico. the ntsb and the u.s. coast guard are sending investigators to mobil and the alabama where carnival cruise lines carnival triumph is expected to arrive tomorrow. the triumph of dallas in taxes for a scheduled 40 crews last thursday. a sunday and then fired knocked out this its primary power source leaving it a draft. >> treasury secretary nominee jack lew is expected to face questions from senate republicans say about his tenure at city group during its downward spiral during the 2008 financial crisis. political analysts say the growing will make for a tougher confirmation hearing and then white house officials and initially anticipated. flu would succeed to indict the are aware this resigned last month. little is currently the white house chief of staff. senators have expressed criticism of the $1 million bonus lu received shortly before see group got a $300 billion federal guarantee to take are the bank's elite mortgage-backed securities. and the report and the national hurricane center says super storm sandy was a deadly is hu
between american airlines and u.s. airways. melissa: the hottest thing on the nasdaq stock exchange may be the nasdaq itself. charlie gasparino is here as they talk to go private. lori: without any further ado, let's get you updated on the markets. we are joined by lauren simonetti. >> i want to particularly take a look at goldman sachs right now. hitting a new annual high. the investment bank says that equity markets kind of went too fast. they will slow down a little bit on their global theme. however, maintain will be tough. it is just too hard to maintain. we have the strongest start since the 1990s. melissa: oil prices rising for the first time in days. fox business contributor phil flynn is our man in the pits of the cme. >> what a reversal. oil prices were below $95 a barrel. everyone thought that they would start coming back down. a lot of focus, of course, a lot of talk about these currency wars. they have a major impact on the price of crude oil. we do not think that the euro is too strong and anyone who wants to tell us otherwise, you will have a problem. we rallied in a few
on the docket. it hasn't fallen apart like everybody want thad to. here we sit in the u.s. with everybody is buying hand over fist. i've been doing it a long time and i'm still conflicted. i know these corporations have been showing better results. but at the end of the day, we still have qe because of no growth. >> rebecca patterson would tell you you have just enough growth, actually, you have a wonderful spot where it's just weak enough where the fed keeps their foot on the pedal and that's why it's the perfect moment, at least now, for the market. >> i guess it's that little circle we used to have on our baseball bats. we have to be careful about that thing cracking in half. that's what i think a sweet spot is. here we are, you have a 7.9% rate. i can debate all long about whether the housing market is getting better or not. that's the reason why we have this influx of qe. why would we be without qe? ultimately, it's all about growth and we just don't have it. here we go, the stocks are full steam ahead. i can't tell my customers not be on board, but i can tell them not the be on boar
discharged from the u.s. navy reserve earlier this year. in fact, just a short time ago, after serving in several overseas jobs. basically as a security officer. he was a lieutenant. he had weapons training in the navy. but not a commando, not a navy s.e.a.l., this was basic security work. nonetheless, he had two awards critically. the rifle marksman ribbon, and the pistol expert medal. this meant he had some qualifications in shooting at some expert level at particular distances or ranges. i think, though, very clear we should also understand that he had expertise through his service as a police officer. many people, many police officers serve in the military reserve, and they have a lot of weapons expertise due to all of that. still, very concerning, obviously, because of his background. >> were you able to learn anything about did the military have any information on his mental health? >> reporter: well, this would be a matter of privacy concerns. but at the moment, they wouldn't publicly release that. at the moment, very preliminary, there is no indication of that, because he was h
. welcome to sidewalk. as we can see here, and i feel like the weather girl, but u.s. equity futures are feeling slightly higher today. we have a couple of quarterly results hitting the tape in the last few minutes. cigna reporting earnings and revenues ahead of estimates. earnings topping estimates by a nickel. we're going to continue to follow both of those stories for you this morning. scotty, back over to you. some mandy, thanks so much. now over to the weather channel. eric fisher joining us to talk about this major winter storm heading our way. good morning. >> this could be one for the record becomes here over the next couple of days. it starts in the midwest. not to ignore what's going on here across michigan, wisconsin. chicago, sleeting rain, sleet this morning, a bust of snow this evening. biggest snow totals, eastern michigan. the bull's eye is right around sagin saginaw. so difficult travel there. the cold air and this slipper moving through the states. then we've got the rain across the south. that's ingredient number two. area of low pressure there that keeps a wet day
and increase costs. trade and travel are essential to our economy. according to the u.s. travel association, one new american job is created for every 33 travelers arriving from overseas. according to the international trade administration, dhs -- could result in millions of dollars of economic loss. cpb would have to furlough all of its employees and eliminate hiring positions. decreasing the number work hours are equivalent to more than 5000 border patrol agent. the coast guard would have to reduce its presence in the arctic i nearly one third. surface operations by more than 25%, it would affect management of the waterways and fisheries and drug interdiction and migrant interdiction and port security. under sequestration, ice -- we would not be able to maintain 34,000 detention beds mandated by congress. it would reduce our investigative activities into things like human smuggling and commercial trade fraud. sequestration reductions would require us to scale that the development of critical capabilities for the defense of federal cybersecurity networks. the core structure would remain vu
, soldiers from the active army, the army national guard and the u.s. army reserve. combined with previous cuts, this will result in a total reduction of at least 189,000 personnel from the force but probably even more than that. these reductions will impact at the army base and every installation in the army. sequestration will result in claze to every one of our 10 major modernization programs. the inability to reset our equipment after 12 years of war and unacceptable reductions in unit and individual training. these cuts will be felt across the entire country. since 2008, the total army budget will have been reduced by 37%. if sequestration is enacted it will be greater than 45%. in my opinion, sequestration is not in the best interest of our national security. it will place an unreasonable burden on the shoulders of our soldiers and civilians. we will not be able to execute the department of defense strategic guidance as we developed last year. i understand the seriousness of our country's fiscal situation. we have and we will continue to do our part, but the significance of these bud
's a potential third case that has yet to be scheduled. texas versus u.s. or some call it texas versus holder. it is whether the district ruled the plan violated section five of the voting act. joining my panel is barbara, president and executive director of lawyers. a group representing individuals in these cases. >> good to see you. >> it's a pleasure to be here. >> we have been talking about shelby, but talk about the arizona case. >> the arizona case is fascinating. many people remember in 1993, congress passed the motor voter act for the national voter registration act. part of the purpose of that act is to make sure that for federal elections there would be a uniform registration process. it delegated authority to the commission to set up a registration form, which it did. unfortunately, in 2004, arizona passed a law that added its own requirements requiring proof of citizenship in addition and above to those from the federal form. they thought that wasn't enough. they wanted more. and we, of course, objected on behalf of our clients because this placed a special burden on people in ari
communities, the commission recommends that the rural housing programs remain at the u.s. department of agriculture, one agency dedicated to and present in rural america. he lived there, they know what the problems are, and the people there trust them. we also recommend extending the current definition of rural areas, to ensure that rural communities continue to have access to the system that rural housing programs can provide. we also urge that they be carefully examined and the operations be examined for modification. these programs are currently underfunded despite an impressive track record. they need, for example, a slightly more increased application process and the underwriting as well. we know it is a difficult time to talk about spending. these recommendations will be no small sum to jump. counseling and stable rule housing are important elements. with that, i turn it over to my good friend whom i was named by "the wall street journal" many years ago as the odd couple because of our ability to work across the aisle. when he was secretary and i was with him. [applause] >> tha
more than three quarters of the u.s. senate approving the bill that included key provisions for native women. our victories notches in the united states. today is the day. activists around the world will be hosting events as part of the one alien rising to end violence against women and girls. finally, i want to thank the many tribal and public radio stations across the country for any today's address. bring in the state of andean nations to hundreds and thousands of people in any country and beyond. now it is my pleasure to introduce the president of the national american indians. jefferson keel. currently oklahoma u.s. army officer with over 20 years of active duty service and is translated that into a sense of duty and serving indian country and protect in advancing our sovereignty. over his two terms, he is been a two state for indian country. president keel has met with president upon and engaged at the president's cabinet and traveled overseas to educate foreign leaders about our unique nation-to-nation relationship. he has championed health care, were tired with the promise of t
't so. beer lovers across the u.s., they're suing anheuser-busch accusing them of watering down their beer. that's ahead. i have low testosterone. there, i said it. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are bre
will lead the investigation and write the report into what exactly went wrong on this trip, but u.s. authorities are assisting in that report. you can be sure there will be many rules and regulations passed to try to prevent this from happening again. i'm chris pollone. i send it back to you. >> what a mess. i'm sure those people were so glad to get off the ship. >>> our weather has been beautiful, but it's getting cooler. >> we're going downhill very, very fast. i high near 60, it was gorgeous today. a lot of people enjoying it. some of you had the tops down on the cars? >> no. i saw you come in. out there right nour, the temperatures are coming down quick. we had a bit of rain come through earlier. now we're seeing some clearing skies, as the first wave moves on through. we have a lot more where that came from. take a look at the rain right now. the first bout that did drop those temperatures is now up towards the baltimore area. most of us just saw some light rain associatewood that. we also saw some wind. that is when we saw the cooler numbers, too. temperature is falling as rai
in mexico. u-s state department employees met their new boss john kerry reported for his first full day as the new secretary of state. in a speech to his staff, the former massachusetts senator joked about whether >> here is the big question. after the last eight years can a man run the state department? as the saying goes i have big heels.. to fill... "here's the big question before the country and the department after the last department? i dunno. as the kerry is replacing hillary clinton, who officially stepped down last week. before that, condoleezza kerry has already hit the ground running, he spent theformer new york mayor ed koch will be honored at his funeral this morning by former president bill clinton. mister clinton is serving as a representative for president obama at the funeral. the israeli consul general and new york mayor michael bloomberg are also set to speak at today's service. new york police department helicopters are expected to fly over the synagogue in the former mayor died friday of congestive heart failure he was 88 years old. >> still ahead, the baltimore rav
, that's progressive. call or click today. >> greta: 11:00 is almost here, time for last call. can the u.s. crack down on cyber attacks and pay back china at the same time? >> political news here there is talk that the white house may fine china for recent cyber attacks on american companies. fines could total in the millions of dollars. we can use that money to pay back china this, is perfect. >> greta: that is your last call. thank you for being with us tonight. go to gretawire.com and tell us what you think about foreign aid. we'll see you tomorrow night 10:00 p.m. eastern. go to gretawire.com. last night? >> i needed water. what am i going do, you know? >> andrea: hello. i'm andrea tantaros with kimberly guilfoyle, bob beckel, dana perino, greg gutfeld. it's 5:00 in new york city. this is "the five." ♪ ♪ >> andrea: another dramatic deadline looms for the nation and congress is again nowhere to be found. a wave of deep spending cuts are scheduled to take effect on march 1 that could cost hundreds and thousands of american jobs. lawmakers are on vacation until monday. now obama has b
up the pressure on syria in terms of supporting the opposition. we'll see what the u.s. response is to that from our strongest ally. also he is open to negotiations, john kerry says, with iran. we'll keep an eye on it. we'll let you know if there are any other headlines coming out of the london. bill: back to this country and march and back and forth from the white house and bob woodward, telling "politico", woodward did, that the white house has its facts on after a weekend of back and forth accusations. woodward says this is a classic case of distortion and confusion. we unfortunately have seen this too often in recent presidential history. i do not think it is willful. they are just mixed up. surprisingly so. bob cusack, managing editor of "the hill." bob, good morning to you. >> good morning, bill. bill: let's go to the background first. woodward penned a piece late friday night. it was in the newspaper on saturday. he alleges based on the quotes and the reporting that he has done that the sequester idea resides with the president. explain this now. >> yeah. woodward says bia
, a standoff with the man believed to be christopher dorner. this is the ex-lapd officer, the former u.s. navy reservist who wrote that manifesto waging war on the lapd. this goes back to super bowl sunday. we had vikki vargas reporting from irvine on the murder of a young couple there, and from there it escalated throughout the week. this manhunt has gone all the way down to san diego and back. and now here we are at big bear again. >> and just yesterday we received video of a man purported to be christopher dorner at a short chalet in torrance buying scuba tanks. there had also been reports given his navy background that he was trying to steal a ship -- not a ship, a boat, and there was a hotel raided in mexico. but again, all along the search has never really left big bear, although it was scaled back just a bit on sunday and monday of this week. and here we find today that suspect matching christopher dorner has been in the mountains all along. kim baldinado has been covering this aspect of the story. we talk about the two deputies who were first responders. they were both taken to loma li
of caution it was best to get the passenger off the ship and we were assisted by the u.s. coast guard in helping that happen. >> was it an adult or a child? >> i don't have that information. i don't have that information. >> are they hospitalized now? >> i just now that they were evacuated from the ship. but beyond that, i don't have that information. >> you said it's going to be about five hours once they arrive here and get everybody off the ship. is there additional that will provide service to people or are they going to remain uncomfortable for those five hours? >> well, we will not be providing much additional power to the ship. there's not a capability of doing that once the ship docks. we will not be providing much additional power but we have a lot of manpower that we will throw at it. we have assistance from both shore and ship that we can provide in getting the people off as quickly as possible. >> do you have a more specific time? >> in terms of when we expect the arrival? >> of when it will dock. >> as i said, we expect seven to ten hour transit from 2:30 p.m. >> what's t
demand very serious pushback. >> yeah, 115 companies in the u.s. were hacked, including apple, as you point out, which rarely ever sort of announces it's been hacked, given macs are supposed to be hack-proof. but it is a huge, huge threat to our economy and our livelihoods. a senior defense official said, in the cold war we were focused around the command centers in moscow, it's fair to say we worry as much about the computer servers in shanghai. we have to leave it there. >> happy note. >> yeah, our macs are not safe. among other things. thank you to my panel today, howard, joy, maggie, and jared. that is all for "now." i'll see you back here tomorrow at noon eastern, 9:00 pacific. until then, you can find us at facebook.com/nowwithalex. "andrea mitchell reports" is next. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where, if you
that border really well. i mean, i was the u.s. attorney in arizona and i'm from new mexico originally. i have worked that border my whole life and that border now is as secure in the last two decades. it doesn't mean we don't have more to do. there is always more to do but it's in been an unprecedented and historic effort and now because of a budget impasse, you have to begin to look at rolling back those agents and slowing hiring and getting rid of overtime which we use a lot between the ports of entry. that will have a real impact. >> just a few months ago governor jindal from louisiana was outside and he accused the president of trying to scare people. can you say for the record that you were not here just trying to scare people and what you are saying has to happen and is a necessity as a result of these cuts? >> i'm not here to scare people. i'm here to inform and also to let people begin to plan because they are going to see these impacts in their daily lives and they are going to have to adjust and make their arrangements accordingly. and it won't be like a shutdown where like turning
more than 150 people. he was the deadliest sniper in u.s. military history. >> i loved the job. you know, the guys, the camaraderie. it came down to whether i had to choose them or my wife and kids. i couldn't have both anymore. because i'd already messed that up. so i chose the family. >> reporter: on the homefront kyle became a best-selling author. in his autobiography "american sniper" he talks about shooting so many iraqi insurgents they nicknamed him the devil and placed a $20,000 bounty on his head. to survive all of that, only to be killed here at home. that young marine now faces two counts of capital murder -- one for each of the men who was trying to help him heal. ryan owens, abc news, dallas. >>> here in new york today former mayor ed koch will be laid to rest. the unflappable mayor died friday at the age of 88. former president bill clinton will deliver a tribute at his funeral. the service will conclude with the song "new york, new york." and in a special tribute, his favorite subway station will be renamed after koch. >>> the boy scouts could decide as early as this w
Search Results 0 to 39 of about 40 (some duplicates have been removed)